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Pet Food Packaging Market Size

Report ID: GMI7620
Published Date: Dec 2023
Report Format: PDF

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Pet Food Packaging Market Size

Pet Food Packaging Market was valued at USD 11.2 Billion in 2023 and is anticipated to grow a CAGR of over 5.8% between 2024 and 2032.

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This has been necessitated by a rise in the number of pet owners hence growing the pet food packaging industry. Sustainable, re-closable, and single serving packaging is growing in preference. It incorporates innovative materials which manufacturers focus on convenience, freshness, and sustainability. Market growth is driven by ecommerce expansion and demand for premium personalized goods, emphasizing the safety and health aspect of packaging options.

Pet Food Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Pet Food Packaging Market Size in 2023:	USD 11.2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	5.8%
2032 Value Projection:	USD 19 Billion
Historical Data for:	2018 – 2023
No. of Pages:	120
Tables, Charts & Figures:	307
Segments covered:	Packaging Type, Material Type, Food Type, Pet Type, Distribution Channel & Region
Growth Drivers:	Increased pet ownership Demand for eco-friendly packaging Growth in e-commerce for pet products
Pitfalls & Challenges:	Environmental concerns with non-recyclable packaging Rising raw material costs

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The environmental impact of non-recyclable packaging poses a significant challenge, contributing to waste accumulation. Failure to address this concern may lead to backlash from environmentally conscious consumers and regulatory hurdles, affecting market competitiveness.

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for pet food packaging was valued at USD 11.2 Billion in 2023 and is anticipated to record over 5.8% CAGR between 2024 and 2032 owing to the rise in the number of pet owners.

Pet Specialty Stores holds a significant market share, about 35% in 2023 and will grow significantly through 2032 as they offer customized customer relations, direct availability of commodities (products), making shopping a live event for pets’ parents.

U.S pet food packaging industry will reach USD 3.7 million by 2032 owing to the well-established companies and a strong focus on innovation and technology across the region.

Amcor plc, Mondi Group, Sonoco Products Company, Berry Global, Inc., Sealed Air Corporation, and Huhtamäki Oyj, among others.